Mariana Resources Ltd: Mariana Resources issues first tranche of placi... | Company Announcements

Monday 16 November, 2009

Mariana Resources Ltd

Mariana Resources issues first tranche of placi...





MARIANA RESOURCES LIMITED

16 November 2009.

AIM and PLUS: MARL



Further to the announcement dated 10 November 2009, Mariana Resources
Limited is pleased to announce that it has closed the placement of
shares to institutional and other investors to raise a total of
£2,951,000 at a price of 13 pence per share.

UK brokers have placed the first tranche of 12,200,000 shares subject
to admission to trading on AIM, which is expected to occur on 17
November 2009.

A second tranche of 10,500,000 shares has been allocated to
Australian-based investment groups to be settled shortly.

Following completion of the two tranches the Company's issued capital
will be 127,194,235 shares.

Contacts:
Mariana Resources Limited

John Horsburgh (Chairman)
+61 2 9437 4588
John Sutcliffe (MD)
+59 399 808080


FinnCap (Broker)

Matthew Robinson
+44 20 7600 1658


RFC Corporate Finance Limited (Nomad)

Rob Adamson
+61 2 9250 0041
Will Souter
+61 2 9250 0050

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